AUD,NZD/Flows and Orders/FXWW News

Large NZD/USD demand noted in early European trade

It seems that some Swiss interests have large demand to buy NZD, and they have been piling into NZD/USD over the last hour of trade. I’m not sure if they are ‘legging’ into a cross position or if it’s straight NZD/USD trade; I’m sure we will find out soon enough.

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